The board of directors of IWIF Workers’ Compensation Insurance has appointed of Thomas Phelan, CPA, to the position of president and chief executive officer. Phelan previously served as IWIF’s executive vice president and chief financial officer. IWIF is the largest …
Maryland insurance agents are applauding the General Assembly for relieving them of liability in the delivery of notices about flood and homeowners insurance. The Senate and House of Delegates unanimously passed companion bills (Senate Bill 790/House Bill 1106) that remove …
Florida insurers are hammering a Florida Office of Insurance Regulation report on the use of occupation and education for rating of auto insurance policies, calling the report’s claims that the use of these factors unfairly affects lower income and minority …
Addison, Texas-based Concentra Operating Corporation reported it has completed the previously reported sale of its workers’ compensation managed care services business units to Maryland-based Coventry Health Care Inc. for $387.5 million. The transaction resulted in net after-tax proceeds to Concentra …
Federal railroad officials said this week that an investigation found more than 3,500 problems with CSX Corp. railroad properties in 23 states, a probe started in response to a series of accidents involving the company’s trains. The Federal Railroad Administration’s …
Harvey Insurance Group, an independent insurance broker headquartered in West Chester, Pa., announced that George Scherbak has been named executive sales advisor. He will be responsible for new business development and client relations for commercial and personal accounts. Scherbak comes …
The Public Employees Insurance Agency in West Virginia has denied two protests of its decision to award a multimillion-dollar management contract to a Maryland company. Humana Inc. and Highmark Health Insurance Co. filed the formal protests after the PEIA awarded …
Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now expire …
Community Banks Nuts & Bolts: Progressive Casualty Insurance Co. has added a new coverage to its American Bankers Association-sponsored Financial Institution Program. The new coverage, Privacy Liability and Mitigation Expense, is designed to address banks’ liability arising from unauthorized access …
Social Service Organizations Nuts & Bolts: Riverport Insurance Co. provides property, general liability, professional liability, automobile, crime, and excess liability coverages for social service and nonprofit organizations with flexible premium payment plans. Riverport is a Berkley company. Limits vary. Carrier: …
